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on 13 websites. larry shover of sfg alternatives joins us on this wedensday morning. good morning. the nasdaq rocked to 4,000. what's next larry? > >i think economic momentum is behind us. i think we're gonna continue to rally. too much negativity out there, especially in the tech sector. it's not gonna be easy but i think we're gonna continue to ratchet higher. > >what do you think about the holiday trade today as traders prepare to head out of town? > >we even saw it beginning yesterday. just lack of conviction, not a whole lot of volume. liquidity is really thin. if you have risk out there right now it's probably a good time to take it off the table and wait for next week. > >what about some stocks to watch? > >interesting. i think two of my favorites right now---i can't believe i'm saying this but delta airlines is one of my favorites. i've never recommended airline stocks but with the consolidation of the airline industry, they're in a position to do very very well. other than that, clif natural resources. i believe in steel and iron ore. it's got beaten up very hard this yea
/3 of employees use the benefit it would use the district $44 million. a big mistake that raises the contract to $111.2 million. >> reporter: assistant general manager and another general last summer. a time line released tonight shows that the tentative agreement error was created by a temporary employee. b.a.r.t. says they caught the error november 4th. union members have already ratified the deal and union leaders told the board in public comment today they couldn't change the deal without starting all over with another vote. >> you must stand behind what you sign. this was hard negotiations it was not done overnight. >> that is what you paid for. we have a signed tentative agreement that the district was full aware of what it contained. like we're fully aware of what their understanding was. and they are the same. >> reporter: board members say they want more transparency and account accountability around this mistake. and they say they just don't know if they'll be able to put this to a vote. jana katsuyama, ktvu channel 2 news. >>> unbelievable they're at this point again. jana is there
underneath the water. the most heavily used bart station in the entire system. we are staying on top of this breaking news and will bring you up dates as to when the situation is resolved. >>> happening now hundred of people gathering at a candlelight memorial of a football coach who died last week trying to help others after a traffic accident. he spent nearly 30 years at johnf kennedy high school. he was still teaching. we are told he planned to return as an assistant football coach next season. >> he personal saved my life. i was heading down a rough path and he sat me down and showed me how to be a man. >> he was an awesome teacher and person. >> here's a look at the scene. he was killed early saturday as he got out of a car to direct traffic away from an accident. >>> now a teenagers is near death after being struck by a car. it happened sunday on north white avenue and highland near james wick high school. >> pray for is the campaign friends are circulating privately on instagram. >> she was a beautiful girl and i loved her and this is the way she wanted it. >> but her boyfrien
francisco transform ed transformed on this d gotham gotham city. rob roth shows us how a single wish brought to this little boy surviving cancer. >> today's the county transformed and went off to fight crime. and, received a hero welcome where ever he went. >> it is a great story, i am proud of his family for doing all this and i am glad and proud of the bay area everybody coming together and making this kid's wish comes true >> the story touched people, they wanted to be apart of it so they cheered at union square and danced on cue. >> it was all part of a plan catching off bad guys and lucille. bat kid and bat man fled the city and rescued the city. right now it is about noon and the bat mobile is parked on union square and the bat kid is having lunch at the burger bar and thousands of people gathered to cheered him on. this man dressed up as robin and brought his son that's the same age of miles. >> this is awesome and epic. schoolteacher took a vacation day to be here. >> it is fun and good for the souls. >> the police officers told us what a true fun day for this in the city. >> he foug
for the mexican authorities to turn over the suspect and the child over to u.s. border agents at the lukeville, arizona border crossing. >> reporter: sunnyvale authorities are trying to learn how guler got into mexico through arizona undetected by u.s. border patrol agents. >> the u.s. border patrol was notified of the amber alert and it was placed into the computer system as wanted. that's something we'll have to figure out in our investigation. >> reporter: it was only after guler ran into a second check point deeper into mexico that mexican authorities learned he was wanted. >> based on the interview they had with him, they contacted the u.s. border patrol at the lukeville substation, provided his name to those authorities and discovered that he had a $1 million arrest warrant. translator: i'm really happy and really thankful for the police and the people that helped me to find my baby. >> reporter: the mother is waiting to find out when her young son will be returned home. sunnyvale authorities are also waiting to find out when their suspect will be extradited to the bay area. live in
home. >> reporter: u.s. marines are now on the ground beginning distribution of much needed supplies and ferrying relief efforts. the military is using u.s.s. washington. still help is too late for untold numbers of dead. and for now there's nowhere for those bodies to go. it's a heartbreaking scene for a bay area family who's owned loved one is among the typhoon victims. >> all the funeral homes are destroyed. so they want to put him in a mass grave and my cousin doesn't want to. i don't blame her because that's her dad. that's my uncle. you don't want him to be buried like that. >> reporter: the philippines president had a message, stay calm, keep prays and stay united. >> the storm has moved through vietnam and into china. what's the status there? >> reporter: it hit vietnam with half the wind speed as in the philippines. still it hit china with 60-mile an hour winds, it's now a tropical storm. $60million of damage has been done. a cargo ship was ripped from its mourings and sent out to sea. >>> in san francisco on this veteran's day,filipino veterans collected money and supplies
joins us on this wednesday. larry is it a good time or a bad time for a first timer to get into the stock market? > >a tough question but slow and steady finishes the race. so dollar cost averaging into the stock market, being very diversified, not trying to chase the next best thing should be okay. > >what hints will people look for today with the minutes coming from the fed? > >i think they're gonna look for are they gonna change the inflation threshold or the unemployment rate threshold. those are the things that bernanke hinted at last month that caused so much volatility in the market. so that's what everybody's gonna be watching today. > >why is there so much weakness in the dollar? > >i think a lot of it is just interest rate differential between europe and the u.s. it's persistent. the euro is up about 8% against the dollar since july. many people think that this is gonna end at some point because we are dovish, yellen is dovish. but with europe being in the baby steps of recovery at the end of the day they're gonna have to be more dovish than us. hence the euro sho
richter of performance trust joins us on this wednesday morning for a close look at the bond market. good morning to you. > >good morning angie. > >what will you be looking for in the market today? especially on the heels of that auction that we had yesterday in the market. > >the auction may have been relevant. i think bigger news that the bond market is still wrestling with is friday's non farm payroll. it came out much larger than expected and it had a pretty violent impact on treasures. they had a pretty significant selloff across really anything longer than five year maturities and out. it was a painful day and i think the market is still wrestling with is the market gonna taper as a result of the news on friday. > >exactly. my personal opinion is there might be the possibility of some taper action before the end of the year. i know a lot of people probably disagree with that, but what is the bond market telling you? > >if you look at what happened on friday the 5-10 year part of the curve sold off 11-14 basis points---that's a big move. and the long bond was off about the same amoun
of a personal vendetta. the da's office says george chavez used a police computer to issue a speeding violation to a man who sued chavez five years ago, following a traffic accident. that case was settled out of court. prosecutors say chavez also wrote two bogus parking tickets to the attorney who represented him in the case. >> this is an isolated incident. when we were made aware of it, we very quickly investigated this, and we want them to know we are policing our own, and we do take this very seriously. >> chavez is a 23 year veteran of the san jose police department. he was arrested, and released on $60,000 bail. >>> a multicar accident tied up traffic in oakland on this busy travel day. at least six cars were involved in a crash about 4:20 this afternoon. you can see some of the debris left over at 56th and telegraph, next to the onramp of 24. police were able to move all cars to the side of the street. >>> also in oakland, an amtrak train hit a car tonight. authorities say the driver of the car was trying to cross the tracks, just as the crossing arms were starting to come down. he says
is data dependent and we don't believe that we're gonna see that data change very much. the u.s. economy is still in trouble. they're still gonna accomodate loose money policies still on the table. the stocks are going to march higher. whether you think it's manipulated or not, that's just the world we live in today. > >how have you been handling the hedge funds? they've been taking these large shots at companies, making a lot of news, a lot of noise. but what have you been doing as a trader with that information? > >unfortunately as a trader you have to have better timing and keep an eye on when they come and when they go. they are cyclical and they all act at once. but right now we have to have better timing and we can't use our big positions all at once. we have to slowly piece ourselves into the market because we can't afford to let it all go at once because these hedge funds are so big that that could really cost us some money. > >the ipo market has been hot this year. it's up about 43% compared to last year. did you buy any ipo's? are you buying any ipo's? > >we're gonna say this--
that would affect us. >> ranchers say it would not take much rain but many still plan to apply for federal loans starting next month. in san jose ktvu channel 2 news robert honda. >> it looks like the bulk of the wet weather is going to stay march. chief meteorologist is here with tomorrow's forecast. >>> it shows the green and you can see the showers working their way and mainly north of the area and we are coming close, we are going to turn on the radar and that ban of showers sitting offshore, this is light activity as it moves on shore later tonight, we are talking about light showers and even some drizzles, when i come back we'll pinpoint of the timing of the showers mainly in the north bay and how they could impact the morning commute. it is more of a drizzle event of more than anything. >>> happening now typhoon haiyan making its way to china. it is said to be one o f the strongest storms to ever made land fall with wind speed of 70 miles per hour. the storm landed on several small coastal town. the storm killed 13 people in vietnam and injured dozens of others. in the meantime the
with regulators so it can merge with us. airways. a consumer group objects over the potentially of higher air fare. the national catheral in dc will start to charge a $10 tourist fee next year. time now for trader talk with glenn schultz of performance trust. good morning to you. > >hi. how are you? > >with so much emphasis on the nasdaq potentially closing above 4,000 what's the bond market reaction? > >the bond market's reaction actually has been positive. so we're seeing positive correlation between bonds and stocks. that positive correlation is largely being driven by the federal reserve's quantitative easing program. so we saw the 2 year note yesterday. it went off very favorably. that shows that investors are beginning to believe the federal reserve's statements with respect to holding long term statements near zero. now the 10 year note also rallied but what we may see as we go forward and the equity markets push new highs, we may see the 10 year begin to sell off some more on that. so right now the 2 year 10 year spread is about 240 basis points---so there is room for that to widen. > >it
shover of sfg alternatives has his eye on the market for us today. good morning to you, larry. > > good morning. > > tesla shares tumbled last night. now earnings came out-- i didn't think the numbers were so awful, but was it just not good enough for wall street? > > well i think considering the stock as of 400 percent on the year, a lot of fast money owns the stalks so they want to see a huge, exceeding in earnings or revenues and the fact is that they exceeded a little bit but it wasn't a huge and beat, so that fast money is going to sell. keep in mind long-term it's a good stock, and if you see a drawdown like that it's probably a good time to get in. > > it can always turn around. now larry what else is catching your eye and the market? > > well oil is catching my mind. i mean oil has gone down quite a bit in the last six weeks-- a lot of it's due to the strength in the dollar but today that's not the case. it's really a lot more because of inventories. inventories are stuck very high-- much higher than most people expect. > > any chance that we'll see an oil drip as far as gas pri
and their pregnant mom all tied up and terrorized. new at 10:00, ktvu's deborah villalon live and tell us the family didn't have what the robbers were after. >> reporter: money and marijuana. and this family has neither but it did not stop the robbers from threatening to kidnap a child. asleep before school, 13-year- old pedro and 7-year-old sister gladys were jolted away by three massinged men who broke their back door. pedro awoke to find. >> a guy pointing a gun at my head, pointing at me. >> reporter: the men bound their wrists and ankles with plastic zip ties on their mom alvina too. six months pregnant. all the while demanding money and marijuana that they thought was here. >> they came in here. pulled everything out. >> reporter: while alvina tried to explain she had nothing they wanted. >> reporter: the robbers may have thought the barn behind the house was being used to grow marijuana. last year, on some streets near by authorities seized more than 1,000 pot plants from the backyards of the few dozen homes. but in the alcazars big garage a car and the remnants of their family's halloween pa
bottle. liane feldstein of fc stone joins us now. good morning to you. > > good morning. > > so we have a jobs number coming out at the end of the week. how you think the market will perform a head of that? > > well the market might kind of slow down a little bit. we don't have a lot of economic data coming out this week as opposed to last week when we were still making up from reports from when the government shutdown, but this economic report is a week late and so this throws a lot of things out of balance and we can also see the number be a little bit off because of the government shut down-- were these workers counted in but did any of them actually apply for unemployment so i think the market will be unsure of what to expect and how to react and might take it pretty easy. > > as far as economic data what else do you think people should be watching-- especially average investors? > > well it's very interesting right now. last week's data pointed to a slowing down of the economy and this week since we don't have a lot of data one of the most important things of course will be the jo
't have happened. more on this use of deadly force. >> it was a knife in her hand that prompted deputies to fire. those closest to this woman said she was disabled and distraught and needed help. >> she wasn't violent. she was kind and loving and had the best husband ever. >> that husband is too grief stricken to talk about how that wife was shot overnight. but her friends want answers. >> i asked the police why didn't you just tazer. >> our investigators are questioning the detectives. the deputies encountered her with a knife and she refused to drop it. >> deputies fired at the subject, the subject was pronounced dead at the scene, the weapon was located next to the deceased subject. >> that was after midnight and the investigation stretched through the day and into this evening as neighbors expressed surprise. the first time i met her was halloween. she was giving out water bottles. >> she's not a confrontational person. >> she had multiple sclerosis. >> it was something she was having trouble dealing with. >> i don't get it. i don't get it. >> even if she was uncooperative deputies c
. joining us now to talk all about the market. good monday morning to you today and of course we are facing a holiday week here, so what do you anticipate as far as as far as volumes in the trading market? > well volumes are going to be thin. we are not open on thursday. it's the end of the month, you have to be careful these quiet markets tend to be volatile and because there's not a lot of selling behind you it's hard to get short. quiet markets tend to gravitate sideways to slightly higher, be careful about getting short because you are going to need that calvary to come in, let you out and then sell it back to you. it's an ominous there and like some good advice. thank you for that scott. moving on to your plays. are you doing anything with the s&p 500 right now? > you know we are. we have continued to stay long, we have added the long positions and calls that are expiring in jan. we think that we don't see any decent economic indicators that are gonna make a change our mind about the economy still. staying difficult and going forward we also have bought some 10 year treasure puts beca
's not secure to the ground. >> let us pray of. >> reporter: father ed dura says he's fortunate he was able to reach his sister by phone. >> when i was talking over the phone, i could hear over the phone the howling of the wind. >> reporter: father dura said he's worked in the area devastated by the typhoon and that this disaster coming on the heels of an earthquake last month only adds to the hardship of the people. >> we're just trying to hold it together until we get more information. >> reporter: back here at el torada organizers are asking of donations of at least $5 per person and say the money will be used to buy medicine and food for victims of the typhoon. live in san francisco, amber lee, ktvu channel 2 news. >>> now to chief meteorologist bill martin tracking the storm in the ktvu weather center. >> this is how the system looked last night just as it came onshore, winds of 195 miles an hour sustained, gusts to 235, a supertyphoon last night. now it's downgraded to a typhoon which is the equivalent of a category 4 hurricane. typhoon is just another name for a hurricane. it's a r
. maureen naylor is live now in santa clara to tell us how police got this big break in the case. >> reporter: the id theft victims are from all over the bay area, from as far north as san francisco to as far south as santa clara county. >> there's a paper trail. >> reporter: investigators tonight are still going through a paper trail of stolen mail, and documents, uncovered last week inside a room at the avatar hotel off great america parkway. authorities say two san jose women staying here tried to use a fake credit card. when the hotel went to evict them, authorities found a lot more. >> there was a ton of stolen mail, there was notebooks, including people's personal identifying information in there. names, credit card information. >> reporter: jennifer deng says investigators noticed something strange in the bags of papers. a list of women's names with similar birth dates, which turned out to be a stolen patient list. >> it's horrifying that these people who are at such tough time in their lives are getting victimized by random strangers who don't care. >> reporter: deng says
to prevent fromover crowding. >> it was good until we got to 101 and it took us another -- an hour to get here and that's the next exit down. >> oh, man, it was intense, you would not believe. it took a while to get here and finding a parking spot was something else. >> officers say visitors parked in any available spot, welcome or not and visitors causing gridlocks on the street lead to the casino. drivers felt the effect of the casino opening as well whether they want to go to the casino or not. >> it was pretty bad. >> nightmare >> the chp says the even commute were smooth, the casino did not add much volume on 101 by the evening. >> people leaving is not much of a problem than getting here. >> reporter: the and they're expecting a lot of people coming to check it out and expecting things to slow down some what after that. this weekend it can be heavy. this casino has forever changed the traffic pattern in the area, we are live, ktvu channel 2 news. >>> a man shot by police in fairfield shod today has died. 24-year-old johnny. officers chased trailer to highway 12. they say he attacked
us a student may have been attacked because of her gender identity. i am frank somerville. >> i am julie haener. >> police increased patrols after a 19-year-old student said she was raped inside a campus bath room. ktvu's maureen naylor is live at de anza college in cupertino with why she may have been targeted. >> reporter: first let me tell you i checked with investigators, they say still no arrests. the woman said she was attack here on the de anza college campus. a source tells me she could be considered part of the lgbt community and the case is being investigated as a hate crime. >> reporter: she was raped monday afternoon inside a stall in this bath room. >> it was a rape and during the school day and classes were in session during the time. >> reporter: the police chief is calling it an isolated incident. students received an e-mail yesterday. >> unbelievable. >> reporter: police identified the attacker as an 18 to 20- year-old man who is a de anza college student. they were acquaintances and not friends. >> scary whether you know the person or not. you feel very unsafe. es
as well as dublin and to the east. the rain will begin to wind down. it's going to stake -- stick with us for the next few hour. but let me show you the wester cast. 5:00a.m. now 7:00 a.m. in the scattered showers with mostly cloudy skies will continue. this is expected to continue for most of your wednesday. so when i do come up i will have a detailed time line of the rest of your day and how much rain i think we will get and how much we've seen so far. >> we'll see you then. >>> now to ken wayne who has been driving bay area roadways tonight and ken found the rain created traffic and also trouble spots. >> reporter: all over the bay area frank. we're in berkeley on the east bay. traffic is moving that's the good news. even so we have a steady rain right now. we had the highway patrol stop all westbound traffic just at the gillman exit about half a mile from where we're standing. the taillights are the best bound traffic. that's the direction they're going. there's some kind of vehicle blocking the roadway. they got it cleared very quickly but it's been that kind of day and evening. it's
here but it's a good opportunity of us that we fly to san jose. >> reporter: the group's leader told us many parents back home in bangkok are worried about the teenagers. >> have you been able to e-mail them or call them? >> no. >> reporter: you think they're worried about you? >> yes. >> reporter: fresh off this award winning concert performance in new york, the orchestra was headed to l.a.x. before their virgin america flight was diverted here. it took three charter buses to accommodate all passengers from that one diverted flight. but this new york man considers himself fortunate to be in this predictment. >> i actually was supposed to catch an earlier flight and i fell asleep at the gate. so i was supposed to be at that terminal at that time. >> reporter: rebooking this evening proved difficult. some were told no flights available any where in the l.a. area tonight. >> so my only option is to try to book a flight tomorrow. basically. there's one option they gave me which was to fly to san diego and try to take a train out, but i'm trying to avoid that as much as possible right now.
ellis of green square capital joins us now. he gets us up-to-date on the market action for the day. good morning to you lincoln. > >good morning angie. this is one hot market. do you see any signs of a slow down out there? > >not really. we made new highs across most of the major equity markets here in the united states and we seem to be peaking across europe. the only place it isn't is in the emerging economies and those have been back and forth. in terms of the end of the year, probably a little bit of melt up and then flatline for 2014. > >what about the bond market which reopens today. it was closed yesterday for veterans day and we just had the jobs number out on friday. will they be buying in bulk? > >3, 10, and 30 years are up for auction this week in the bond market. that combined with janet yellen's testimony up on the hill on thursday could put a bit of volatility into that bond market. keep your eyes peeled. > >what about the syria situation? are you seeing anything intensifying in the market? anything starting to boil up? > >we really haven't seen or heard from syria in quite
. chris gersch of altimus capital joins us on the show now. dow 16 thousand. chris, where do we go from here? > >good morning. i think right now, although this is the top, i think that we are going to have a great position this morning to cash in. i think that there has been a lot of momentum coming from asia and we've seen the yen continue to weaken and that's carried momentum all the way into yesterday. i believe unless we have a continued buying spree by the fed, there's more talks of tapering and i think that's really gonna put a top here around that 16 thousand mark in the dow. > >what else would you do with your money? > >suprisingly enough i've had 3 calls by major investors in my fund asking about bitcoin. so i actually flew up to canada to bitcoin embassy and i talked to them. actually a programmer of mine went to work for them. this bitcoin thing seems to be real. so i'm looking at it as potential but right now i'm putting it in cash. > >what do you think about the latest jobs claim showing us this level we've not seen for years. > >i think this is all positive. i think the jo
is here to get the ball rolling us this morning. good morning to you. > good morning angie. as investors are watching the stock market go higher and higher. what is your best advice here, should they be going long the bonds or long the markets or short on both? > i think cash is your friend and and you want to be careful and investing at these levels because there is a lot of uncertainty out there in the marketplace, we do like nontraditional fixed income places like a unicipal bonds that have taken beating and there's some good value there or if you have your b-r-b-s or find alternative equity managers that are good stock pickers. those are good places. how will the friday trade shape up? we have the hearing yesterday with janet yelling on capitol hill so what will likely be the bonds reaction in the market today? > well the market is has absorbed the testimonies in the confirmation hearings very well. and that's largely because janet yelling may not look like it but she really is ben bayankeys twin. we have seen a lot of very accommodating talk coming out of the confirmation hearing
.and, the tribune has a plan on the table to cut 700 newspaper jobs. mark sebastian of swan wealth advisors joins us now for a look at the trading day. good morning mark. a lot of people are still buzzing about those fomc minutes that were released yesterday. > >i think a lot of people were expecting the talk to be march or april of next year. the talk was we can taper whatever we want. we can taper up or we can taper down. they can adjust their bond buying program at their own will and i think that caught people off guard. that's why we saw the s &ps give up their gains yesterday. > >what about the retail numbers that are coming in and we're starting to close in on the holiday season. > >it's been interesting. a lot of the names that have been consistently great continue to kill it. tjx for example, the only store that can bring family dollar shoppers and nordstrom shoppers to the same spot, had a great quarter. whereas some of the rebound names---your best buy's of the world---i think they overran their target a little bit. so i think you're seeing some of these turnaround stories take it in the c
to the unedited video. you can join the conversation on our facebook page and telling us whether if you agree with the remark. >>> five-year-old mascot was scheduled to be in new york city to be on appeared on good morning america and even bat kid cannot be in two places at once. >>> he tells us he does not regret in putting himself in harm's way. he feels bruised after trying to catch the woman t. woman fell 50 feet. authorities say navidad saved her life. it was the experience in vietnam that just kicked in. >> had i not done anything and did witness her heading impact on the cement, that would edge in my mind until i die. >> today nevada got with a visit with navidadands got a visitor today. >>> continuing of the tragic in south bay. the woman speaking out after her little son was -- the pick up struck the boy at vine and oak streets. just before the impact the two s pushed elijah 6-year-old sisters out of the way. >> they saved kid's life. they risked their own lives ford . >> the driver is said to be cooperating with the police. so far no arrest or citation have been made. >>> paul chamb
and oil edged 52 cents lower. daniel stecich of athena advisor services joins us on this friday morning to get the ball rolling with a look at the market. good morning to you! > >good morning how are you? > >i'm doing well. we call this trader talk but today i'm calling it twitter talk because everybody's talking about twitter. did you buy the stock on the first day daniel? > >no i didn't buy it. i think ultimately it will be a good stock but until they can figure out how to monetize their product----and it is a good product----but they can't figure out how to make money yet. i'm not gonna touch it. i'll let the thing drop down a little and get a better handle on what they'll actually do going forward. > >outside of twitter there's another big deal in the market and it's the jobs number coming out today. what's your anticipation? > >right now expectations are for 120 thousand with an uptick in 7.3% on the unemployment rate itself. and this is an interesting number. normally you have a one way or the other but this time i think the direction might be the same no matter what. if we have a
us what happened. >> reporter: well frank, police tell me the woman listed this home on craigslist even though she doesn't own it. now the tenants have lost their money and their home. two young couples who are college students in their 20s moved into this home two weeks ago. one tenant tells me the woman that rented them the home seemed very knowledgeable. >> she seemed very happy. she knew about the home. >> reporter: the tenants returned home and found the locks had been changed. >> we had to call the lock smith to open it up. >> reporter: the tenants soon learned that the woman they contacted through craigslist to rent the home for $1,800 is not the real owner nor does she have any ties to the home. >> i was surprised, this is a very quiet neighborhood. >> reporter: tonight i spoke by phone with the manager of the san mateo company that opens the house he says he was surprised to find people living in the home that is supposed to be empty. >> i asked them what they were doing there. they said they were tenants. and we told them that the owner did not intend to rent the property
they said goodbye to a life too soon. >> just after midnight on monday, goodwin, who used a wheelchair was hit and killed at market street and octavia. this intersection has a reputation for accidents. between 2009 and 2011, there were 30 collisions, the highest rate in the city. >> that say crazy one, people trying to get on the freeway, bikers are in danger over there, everyone is in danger. >> the day goodwin died right turn cameras went active. >> feeling safer because they have cameras. >> reporter: cameras would not have prevented goodwin's death. the vehicle that hit him was going straight from octavia to the freeway. other notorious intersections are getting pedestrian-friendly facelifts too, three blocks of 6th street from market to howard have new red buffer zones meant to extend the sidewalk and give pedestrians a jump on traffic. >> they will run you over. they have no regard for us. >> reporter: pedestrians, scooters bikes, vehicles there is an electric traffic mix on san francisco interests and one wish from someone who knows how treacherous navigating them can be. >>
to show us some of the damage but we begin with bill martin. he's tracking these powerful winds bill. >> a really windy night out there. typically when we have wind advisories like this one they're in the higher elevations. but we have these winds in the lower elevations. the winds are strongest right now in the east bay hills up above berkeley. we're looking for the wind to continue to be strong as we go through the evening hours. they should begin to get a little better. the strong northernly wind is going to begin to back up as we go into the next hour or so but they're still running very, very strong. you can see the current wind speeds 29 miles per hour. these are current numbers now. sustained wind in fairfield at 29 is like a wind gust perhaps at 35 or 40. san jose so far you have really light winds. i just basically showed you where the winds are now. when i come back we're going to talk about the time line for that wind advisory. where those 50-mile an hour gusts are going to continue and changes for the weekend. >>> now to deborah villalon who's live at the benecia bridge j
be the word to use right now. >> i've been out here at least a good 50 minutes. it's definitely frustrating. >> i was on the train. had to get off the train. i've been waiting for the next train. >> reporter: service was restored at 7:00 but passengers said the trains were still too crowded to board. a train operator heading in the opposite direction noticed electrical arching and called in the problem. later tonight at 10:30, trouble for travelers. we're pinpointing a massive storm that's expected to cause big problems at mayor airports tomorrow. >>> a police investigation goes online and uncovers something unexpected. a suspected internet predator is in custody and his computers are confiscated. heather holmes live in martinez with the tip that caught the man. >> reporter: a connection that started on craigslist. while conducts an online investigation into another crime, detectives in martinez came upon something disturbing an ad on craigslist, soliciting sex with a girl of any age. >> we continueed the conversation over a few weeks. >> reporter: police say 25-year- old sky olerie was th
. >> reporter: university officials are telling us that all of the students had the same symptoms. tonight we talked to two of the students that got sick. >> reporter: these two stanford freshman told us they started feeling the discomfort. >> my stomach felt kind of queasy. i kind of went to the lounge and sitting there. they were going to the bathroom and just got really sick. >> i remember i ate lunch that day and i felt perfectly fine. after class that afternoon, i came back here and was sick the last eight hours. >> reporter: they said it was similar to food poisoning and there were several others that were also sick. >> we had six people go to the hospital. >> reporter: all showed vomiting and diarrhea. because of the quick onset and the fact that it was contained today the single dorm. officials believe it was the highly contagious noro virus. >> we do see a fair amount of cases especially in areas like day cares and areas like dormitories where people live in very close quarters. >> reporter: hampton officials say that -- >> from what i understand it's once in a blue moon situation. >
county sheriff's department is handling the investigation and tells us it is treating the deaths as suspicious. >>> the president of san jose state university today took personal responsibility for alleged hate crimes in a dorm on campus. he said the school failed to protect a black freshman from being subjected to racial harassment and abuse. since then tensions on campus have been running high. black students were upset today that they were not invited to speak at a news conference held by school administrators and the ncaa. four students have been charged with misdemeanor battery and hate crimes. police say those students tormented their black roommate and the president of san jose state says he failed to recognize the gravity of the situation soon enough. >> our decision making failed. as part of it i failed that student. within that we failed all of our students. >> the university president is promising an independent review of school policies. >>> california's high speed rail project hit what could be a major roadblock. a judge in sacramento county has blocked the sale of $
of early thanksgiving day hours. from best buy to toys r us, opened their doors early. doors opened at 8:00 tonight for the first time. jana. >> reporter: the crowds keep come and going when you look around, you see lots of shopping bags. national retail federation survey showed there were 33 million americans who said they planned to shop on thanksgiving day. >> outside shoppers stood in line down the sidewalk. inside store staff were preparing for the rush. at 8:00 shop the doors opened at sears and the rest of the sun valley mall. more of a turkey trot with people flocking to get tvs and other deals. this year, macy's also opened at 8 p.m. thanksgiving day. >> it was clear to us, the customers wanted to be shopping on thanksgiving day. we advised our retailers they should be open. >> that meant working 363 days instead of 362. he says that is business. >> i'm always so thankful even if we have to work on thanksgiving, there's a lot of people worse off than us. >> babies r us pushed even earlier. 5 p.m. . >> we turned it into a thanksgiving lunch. >> still this man and many others cam
to compete against red box and netflix. todd horwitz of average joe options joins us now and we want to talk about that record run in the stock market with you, but i know you're a doomer and gloomer so are you buying into this rally? > > good morning angie, you know if i could sing i would sing up and away my beautiful balloon because i think this is a bubble and if we take a look at the russell-- the russell let us up and the russell was down quite a bit yesterday. > > so what does was that mean? > > well you know the small caps and the nasdaq typically lead the market and then the rest usually catches up. so right now we're seeing a lot of weakness in the russell after last wednesday's key reversal and minor weakness in the nasdaq. that's just an indication that maybe were approaching some sort of a tie up here. but again i am not going to fight it-- i'm not buying in but i'm not selling it yet. > > the market will have to digest news coming in from the ecb today. what do you think that will mean for the dollar and gold and some of the big commodities? > > well i think you're going to see
strength. larry shover of sfg alternatives join us on this monday morning. good morning to you larry. > >good morning. > >it's a yellen kind of a week but it's also another week that we could see another record run. > >it could be. last week was six weeks in a row of the market being up. a lot of people blaming it on the fact that yellen is somehow---but nothing's really changed except they just reiterated the zero interest rate policy and how that's gonna be extended for a long period of time. that's going to help underpin risk settlement. > >and yet crude has been on a losing streak. the biggest one we've seen in a long time. > >you're exactly right and boy i'd like to say it's gonna continue but i'm afraid we're almost at the end of it. right now it's below break even points for refineries, for producers. at this point, they're gonna scale back to get that price back up. > >warren buffett came out and said he has a big stake in exxon. would you take that same stake? > >i would for his reasons. it's got a great dividend. it's got a good history and it has a big control in the wti m
it begins to dry out and when it dries out, san jose remains dry. but the rest of us will wet and take a look, you can see some light to moderate rain falling over the coastal rain. they have picked up an inch of rain. and one last shift here we have 8 one hunts reported so far in areas like discovery bay. but the scattered showers are going to continue for tonight and they'll continue for tomorrow. when i come back i'll have a time line of what you can expect and how much more rain i expect. >> happening now, a protest in san francisco mission district over a recent crush between under cover police officers and the hugging complex. dozens of people tonight are marching and voicing their anger over an incident last week that got out of control. david stevenson spoke exclusively today to a man involved in that confrontation and the police chief about what's being done now to get answers. >> reporter: the fall out continued today. felici garden resident showed us his scars from that day. in the cell phone video he says he is the man in the right in the grey shirt trying to pull a friend
said today the u.s. is working to resolve the issue through sweden since the u.s. does not have diplomatic relations with north korea. >>> today a federal jury found that samsung eyes iphone $550 million. another trial is set for march over apple's claim of additional violations by samsung. >>> today was a record day on wall street. the dow gained 109 points. nasdaq up 47. investors appear to be encouraged by good news. the company makes computer aided design tools for artists, architects and auto tools. shares rose nearly 3% after hours. >>> the board of the covered california health exchange has decided it will not allow people to keep their cancelled policies for an extended period of time. president obama had proposed allowing people to keep those policies for another year even if they don't meet the required coverage of the affordable care act. 1million californians got cancellation notices. a board member told us that an extension would only complicate matters. >> if i thought for a minute that delaying it we could solve some of the problems i would delay it but i actually
used to make bracelets... necklaces... keychains and more.... is only available in places like building blocks toy store... learning express and michael's arts and crafts. "never before have i ever had a toy craze like "rainbow loom" that i've been so excited about. creativity and quality are top criteria used by 17-year business owner katherine mchenry... and other members of the american specialty toy retailing association... when they choose the 'best toys for kids award winners' that often sell well during the christmas shopping season. toddler puzzle "bunny boo" and building sets like "q-ba- maze"and "squigz" are among this year's top picks that aren't in any big box store. "thousands and thousands of products are made new every year. some never make it to a shelf. many hope to make it into a store like ours." katherine says toy makers can call her directly to try to convince her to order their latest innovation. "the most likely chance for a small company to be successful is to market to a store like us." "they have more unique things. the rainbow looms are the real draw." other n
, they need rice, everything they need. if you can help and everybody that can hear us, help us. >> she's is one of the lucky few that got out by the typhoon high yoon. haiyan. >> this woman nearly drowned and she clung to the rafter for hours and her children hung to her arms before the water went down. >> many of the dead rots in the son. >> we have no clothes and we have nothing to cover from our mouths and noses from the foul smell. >> very bad, you got debris everywhere and you got decaying bodies all over the place and the stenches are horrendous and not a lot of food are available. >> it is a race against time for thousands of homeless hoping to get out of the airport. we have been here for so many days, look at my children. we have nothing to eat and no clothes. others who just got here got on the plane right away. >> the u.s. philippines military are flying supplies in and victims out daily but a lack of security in the ground are slowing the release efforts. other groups are waiting for police to secure the roads. >> reporter: the pentagon sent in crews to help the philippines
there. experts tell us some movement is in -- the slopes should stay put as long as the rain is not heavy. has rain updates for you 24/7. >>> a surge in car break has police in san francisco going under cover trying to catch thieves in the act. new at 7, cara liu live in the city. you learned about the kind of behaviors these officer are looking for. >> reporter: that's light. the central under cover team ist now looking for people trying to break into cars and earlier today we got an inside look of how they're combatting this crime. >> this block always gets hit. >> driving near san francisco's famous crooked street, investigators looking at people attempting to break into cars. >> we saw people looking into cars and looking into back windows of cars and doing behaviors that's abnormal for the average joe walking down the street. you know the look in and gazing in and stop and going back to a car and by pass a car and making sure nobody is follow them and come back to the car that kind of thing >> the under cover team followed by car and on foot. >> during the patro
. ken wayne is live at sfo to tell us how the faa's relaxed actions may work. >> reporter: the busiest airport is also the worst for on time performance. and just in time for the busy holiday travel season. this new landing procedure is expected to cut down those delays, and keep the planes moving. regular travelers through sfo all have the same story. if you fly through her during bad weather, expect the possibility of being stuck. ically just expected there's a possibility of fog, and bad weather, and it might have a delay. >> reporter: the delays are caused by incoming flights forced to line up single file in bad weather. >> i'm always checking if it's going to be delayed, because it's like, you could come here and be delayed an hour or two. >> reporter: since sfo sits on the edge of the bay, the two parallel runways used for landing are just 750 feet apart. >> i'm a small plane pilot myself, so i understand that a little bit. it is not the best place in the world to have an airport. >> reporter: with tonight's clear weather, there's no problem. >> during clear, visible conditions,
: the fire marshal walked us in. some 600 yards from the fire. and shared his photos of what firefighters are up against. flames deep inside a debris pile 300 feet wide and 30 feet high. cranes have to pick it apart. >> they're moving tons of material. and they have to do that in a safe fashion. you just can't push it over like a sand castle. you systematically have to move everything for the safety of everyone around here. they have sprinkles. a system that dumps copious amounts of water continuously. >> reporter: but this time fire overwhelmed the in-house system. as crews arrived smoke was spreading for miles blowing south and west and triggers -- triggering a shelter in place. >> we advised residents to stay indoors. >> reporter: at this menlo park soccer field, smoke billowed for a while and it puzzled players for a while. >> smoke. it smells like burning plastic? why is there burning plastic? >> to the left you see a lot more steam. >> reporter: by 9:00 tonight the fire was contained. it hadn 't spread to any other piles but it will have crews on it all night long. >> the goal is t
relief package. jim richter of performance trust joins us on this tuesday morning for some trader talk. he has his eyes all over this market. good morning to you jim. > >good morning angie. > >we are watching the record setters in the market. will it continue into trading today? > >yesterday was a big day for the stock market. lots of great headlines angie---for folks like you in the media. one of the things we're focused on was the fact that s &p is trading around 20 times earnings and so clearly the investors have an appetite for risky assets, but they have an appetite for risky assets until they don't. when the market gets around these levels you just gotta be a little more careful. > >we have some comments coming from a fed president this week already. is the bond market paying attention to those comments? what do you think? > >i read new york fed president william dudley's speech and from my perspective he was really talking out of both sides of his mouth. he said that he was getting more hopeful but it's very difficult to follow the direction when they're talking on both sides of
-old brian goodwin told us the tuberculosisly grad had just left a dinner and a buzz when the stand accident happened. he was crossing eastbound market street and struck by a car headed south on ouchtive why. >> it appears the light was green for traffic getting on to the free onramp. >> translator: driver stopped after the collision and investigators stay it appeared had has been traveling the speed limit. >>> now to santa cruz why friends remembering a bicycle who died after being hit by a car. 40-year-old josh alpha was truck seven killed. he was a lie prior assistant at uc santa cruz. he was a talented and aspiring my situation. saying the 63-year-old driver officers he e had fallen asleep at the wheel. the driver crossed into on comping traffic and swerved to avoid a car striking the man. saying it's investigating. so far no charges have been filed. >>> for the very first time the family of 13-year-old andy lopez is speaking out. they filed a wrongful death suit today in a shooting by an officer. >> the mother of 13-year-old andy lopez was call but angarias she called for justice. in sp
.m. one man tells us he got to target around 8:00. he wanted the 50 inch tv. >> for $229, 50-inches of tv, any nab fan, soccer -- nba fan, cricket, baseball. >> i spoke to the general manager, so far the chrome book, the lg television, the 39 inch television. they may not have all been paid for, but they are all spoken for. those were some of the top items in emeryville. a lot of people hoping to snap up the big deals. >>> some shoppers say a computer glitch forced them to wait about an hour-and-a-half for their favorite stop to open at kmart. a shopper had been waiting for a long time but a technical glitch caused problems before opening. >> things happy. we're dependent on the computer system. it is what it is. >> shoppers said managers told them discounts would be offered through tomorrow to make up for the delay today. >>> to san jose where police shot and killed a man after a rampage they say included a stabbing, car jacking and a police pursuit. police say it started with the stabbing on lewis avenue that left three people hurt after 10:30 this morning. the suspect car jacked a man
by hundreds of protesters at an east bay walmart. paul chambers joins us. paul, the protest did not end well for some. >> very true. the protesters left within the hour for 5 of them, it wasn't pleasant, because they were taken in by police for blocking the streets. >> here's the scene as police cuff and escort 5 protester for civil disobedience. they say walmart employees are not paid well, compared to many life on government assistance. >> they get food stamps. they can't afford housing. >> reporter: pamela davis was one of those taken into custody. she says it was hard to make ends meet when she worked at walmart as a manager. >> i had to take on a second job. i had two part-time jobs. >> walmart claims # 9% of its employees make more than minimum became, paid on average $11.33. >> that's a poverty became. they are having to take on second jobs, they're having to use food stamps, rental assistance, other public programs to get by. >> reporter: walmart managers said today's protests were peaceful. they're not surprised the protests took place on the same day as black friday. >> we understa
traps... plus.... in traders unplugged-- the guys tell us whether investing in digital money is worth the risk. first business starts now! good morning! it's friday, november 1st. in today's first look: stocks continue to drop. for the second session in a row the market fell. yesterday, the dow lost 73 points, the nasdaq 11, s&p 6. gold tumbled 27 dollars and oil 53 cents. still it was outstanding october. the s&p rallied 4.5% the nasdaq up 3.9% and dow up 2.8% amoung earning after the close-- aig and first solar. aig shares fell 3% on earnings that topped estimates but the sales number fell shy of estimates. first solar-- doubled profits and raised its outlook that stock shot up 7% as we wrap up the week, lincoln ellis of green square captial joins us now from the floora semigroup to talk about today's market action a hand what is your outlook for november? > well november will be a bit of a position squaring month we think. we have had a very significant run over the course of the last two weeks and getting ahead of both the selling that happens for a tax reasons and other reasons
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